0 UndisclosedWoodbridge Township, NJ 07001
- Retail properties
- 5,000 SF
Property Details for 0 Undisclosed
- Lot size
- 0.09 AC
- Property size (Sq ft)
- 5,000 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional Class A retail property in Avenel, New Jersey, presents a lucrative investment opportunity. Located in Woodbridge Township, Middlesex County (zip code 07001), this single-story building sits on approximately 0.09 to 1.1 acres of land and boasts 5,000 square feet of net rentable space. Currently operating at 100% occupancy with a franchisee tenant, the property offers a strong net operating income (NOI) of $119,000, resulting in a compelling 4.03% cap rate. The asking price is $2,950,000, translating to $590 per square foot. The property is zoned for convenience store, quick-service restaurant (QSR), and restaurant uses. Ample parking is available with 65 spaces. The lease is a triple-net (NNN) lease with zero years remaining, presenting an opportunity for immediate repositioning or continued operation under the existing tenant. The property features a single building with one story and is suitable for a variety of retail and food service concepts. Do not disturb the existing tenant. This is a corporate-owned property.
Location Insight
- City
- Woodbridge Township
- County
- Middesex
- State
- New Jersey
- Latitude
- 40.5827
- Longitude
- -74.2708
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].